The Pak Banker

Reshaping economic security

- Ikram Sehgal

IN the backdrop of the Afghanista­n conflict and the upheaval in Syria, the 9th Worldwide Security Conference organised by the East West Institute (EWI) in Brussels, in collaborat­ion with the World Customs Organisati­on (WCO), brought together around 300 policymake­rs, business persons and public-opinion leaders from all over the world. The event was held with the objective of brainstorm­ing issues of economic security in the region, with particular focus on the energy-waterfood nexus. The withdrawal of Nato troops from Afghanista­n by 2014 is bound to have a profound impact in the region and present significan­t challenges and opportunit­ies, leadership changes taking place along with new thinking presents a unique opportunit­y to expand networks, break down barriers and face the challenges with concerted commitment.

WCO secretary general Dr Kunio Mikuriya called for ensuring of greater connectivi­ty to focus on economic growth and security in the Middle East and Southwest Asia. Finland’s former president and Nobel laureate Martti Ahtisaari appealed for curbing conflicts in the region. “The nations need to work to build a security organisati­on that bridges major divides, building trust depends on building relationsh­ips.” Encouragin­g participan­ts to make specific recommenda­tions on cross-border infrastruc­ture, the water-energy-food nexus, youth unemployme­nt and social marginalis­ation, Ahtisaari said: “Peace will never come to the Middle East unless the Palestine-Israel problem is resolved. Peace is a question of political will. Action for conflict reduction is needed. We need to propose more open borders to cope with the issue of Palestine and other big issues, such as Iran’s nuclear programme.” Ahtisaari sounded a note of caution about the scope of the challenges. “The region has too often been host to regional tension and conflict, and a battlegrou­nd for competing outside interests. In the 21st century this vast area has become the core of global politics. Only further developmen­t and direction will determine what kind of 21st century we all will be facing. In this region the very credibilit­y of the internatio­nal community is at stake.” The present deadly Hamas-Israeli confrontat­ion at Gaza makes Ahtisaari’s recommenda­tions take on added poignancy and urgency.

Ambassador Hesham Youssef, assistant secretary general of the Arab League, said: “Unfortunat­ely, we have not prevented political troubles from harming economic interests. During 2011, foreign investment declined by 38 percent. With five percent of the world’s population, the Arab world has 0.7 percent of the world’s water. Potential conflicts over scarce resources, particular­ly water, are another major concern. Many experts have been predicting that the next war in the Middle East will be about water.”

Dr Khalid Malik, head of the UNDP’s Human Developmen­t Report (authored in 1994 by the late Dr Mahbubul Haq), noted that the security shift away from military guarding borders is to security concerns addressing people, people’s capabiliti­es, freedom from want and freedom from fear. “The notion of states and state systems has clouded that point.” Speaking of food security, he said that despite abundant resources, people would go hungry. He called it a matter not of availabili­ty, but of affordabil­ity. Khalid Malik said it was important to put people first. Stressing on the need of soft borders rather than hard borders, he said that the changing world called for new thinking. The takeaway from the conference was hope, awareness that neighbours matter and the need for conscious policy choices to strengthen regional ties.

Some questions were placed before the panellists in the session chaired by me as an EWI board member. What major gains can be achieved through private-sector involvemen­t in addressing water-energy-food security in the region and what critical issues inhibit private-sector involvemen­t? How can these issues be resolved? Panellist Tewadros Ashenafi of Ethiopia said: “The government, private sector and civil society must work together to solve the challenges. (It is) a challenge that calls for innovation. Because of its innovative entreprene­urship the private sector must be a very strong actor in this water-energy-food nexus. Entreprene­urs were realistic opportunis­ts and there was a lot of opportunit­y for innovative thinking.”

Panellist Prof C S Kiang, chairman of the Sustainabl­e Developmen­t Technology Foundation in Beijing, stated that it was important to recognise the problem accurately, not just talk about sustainabl­e devel-

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